India Grid Trust Dividend
Dividend criteria checks 2/6
India Grid Trust is a dividend paying company with a current yield of 10.43%.
Key information
10.4%
Dividend yield
273%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹4.84 |
Dividend yield forecast in 3Y | 14.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 540565 has been paying a dividend for less than 10 years.
Growing Dividend: 540565's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
India Grid Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (540565) | 10.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Electric Utilities) | 2.6% |
Analyst forecast in 3 Years (540565) | 14.0% |
Notable Dividend: 540565's dividend (10.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 540565's dividend (10.43%) is in the top 25% of dividend payers in the Indian market (1.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (273.4%), 540565's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 540565's cash payout ratio to determine if its dividend payments are covered by cash flows.